PEN 4.55% 11.5¢ peninsula energy limited

more interesting reading-nuclear uprates in us, page-3

  1. 1,684 Posts.
    Only a matter of time Imo(who wouldn't want to lock up 1.5ml lbs/year). I could imagine a utility of some sort looking to secure future supply would probably start off with a 5% take up of the shareprice, becoming Pens only major shareholder with a 5% or more holding that they then, can build on from that(thats nothing for these guys).

    Imo that would probably be the gist of deal, If they want it locked up they have to buy in. Now if/when that happens, thats something like 65,000,000 shares getting soaked up on the open market. Thats the boost I think where looking for yuro.

    Thats the time you don't want to not be on!!.

    For me its not worth the risk, Could happen when you least expect it.


    NK
 
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